The impending USA Economic Collapse which nobody is talking about

[The Accountant]

Tell me any country who has gotten rich from textile manufacturing. Textile imports cost USA $100 billion. It is good policy to outsource it to Central America, Africa, Bangladesh of the world. USA needs to ban textile imports from China and send it to other 3rd world countries.

Even with all the losses USA has massive edge in manufacturing. they make a broad range of products. they own the products in lot of cases that are manufactured in China

USA is self-sufficient in energy - coal, oil and natural gas. USA has massive farm output. All your predictions of doomsday are not happening

First of all example of textile was in context of pollution and you are quoting it out of context ...

Secondly, it would have been much better if you can share some facts ... Ok let me put some facts for you ... US is consistenly having trade deficit and current account deficit and last month trade deficit was 51 billion ... So it means you are adding 51 billion loan into your economy every month ...

Your claims are baseless .. Keep believing what you want but reality will never change ...

 

[nahtanbob]

First of all example of textile was in context of pollution and you are quoting it out of context ...

Secondly, it would have been much better if you can share some facts ... Ok let me put some facts for you ... US is consistenly having trade deficit and current account deficit and last month trade deficit was 51 billion ... So it means you are adding 51 billion loan into your economy every month ...

Your claims are baseless .. Keep believing what you want but reality will never change ...

I buy an iphone manufactured in china in AT&T retail store for $600. How much national debt am I adding ?

 

[The Accountant]

I buy an iphone manufactured in china in AT&T retail store for $600. How much national debt am I adding ?

I am not your accountant ... If you want to research something do it on your own

 

[prashantazazel]

May be you are right.
But I think that that's exactly what they want. To make the worth of fake paper currency equal to zero overnight while they have been storing gold for more than 200 years now.

Gold is one of the most worthless substances out there. Aside from some use in electronics and other minor uses.

 

[James David]

hey @gambit are you coming with me or what!? The beer is...

The US is about to...

 

[nahtanbob]

I am not your accountant ... If you want to research something do it on your own

you cannot analyze a simple micro-economic use case
i am expected to take your macro-economic analysis seriously